Joshua Manier
HELOC for 2 unit investment property in Chicago, IL
10 February 2025 | 17 replies
Figure and NYFTY are easy automated HELOC programs with super quick closings (I did one for a client that funded in like 72 hours from loan app).
Anthony Chan
Sold my rental condominium (~15 years in service) - DO I NEED FORM 3115 ?
7 February 2025 | 5 replies
Your starting depreciable basis should have been the LOWER of what you paid or the FMV in 2010 when you converted it to a condo.
Jordan Sachs
Mechanic's Lien delivered without notice of intent
10 February 2025 | 7 replies
The seller signed an affidavit at closing attesting there were no outstanding liens, invoices, etc. on the property.
Geoff McFarlane
Sell our home or rent it out?
20 January 2025 | 7 replies
If they have a good interest rate it might be worth looking to see if you could assume their loan to take advantage of the lower rate.
David Robert
Single family home with severe cigarette damage, great price
8 February 2025 | 5 replies
There's currently a tenant in the house (who I presume caused the smoke damage), but the seller promises that this tenant will be gone before closing.
Chris Kay
How Far Does $50k Go for Rehab?
15 January 2025 | 14 replies
Definitely no way to do a full gut rehab or close to that for $50k today.
Magdalene Leon
Looking for advice on backflip lender
6 February 2025 | 30 replies
Quote from @Ryan Davies: We have heard of them but have chosen not to close deals through them since we have found better options.
Waruna Yapa
Who has the best rates and how to shop for them?
8 January 2025 | 14 replies
All lenders have strengths and weaknesses, staying close to them is the only way to learn what each of those are.
Cory St. Esprit
Would you renew?
30 January 2025 | 21 replies
I would not offer furnished rentals in lower income areas.
Jeremy Beland
A Hard Lesson Learned from Our 2022 "Scary House" Flip
10 February 2025 | 18 replies
@Lucy Ahl do one of you guys have a LLC that can close on the house with the funding?